By Shu Zhang and Engen Tham BEIJING/SHANGHAI (Reuters) – Chinese banks are set to see a slowdown in lending growth in the second half of the year, having exhausted most of their annual credit quota, raising the spectre of corporate defaults as... Read more

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The Star

Genting HK H1 losses widen to US$203.2mHONG KONG: Genting Hong Kong has reported a net loss of US$203.2mil for the six

HONG KONG: Genting Hong Kong has reported a net loss of US$203.2mil for the six months ended June 30, compared to a loss of US$54.6mil in the first half of 2016, as operating expenses increased.
Revenue was US$532.5mil in H1FY17, 22.2% higher than... Read more

10 years ago one penny of every dollar spent in Dougherty County went into SPLOST V collections.
More than $103 million was collected in the 6 years total for SPLOST V.
So, 10 years later, was that money wisely spent?
You might be surprised to... Read more

It could happen in March 2019 when the UK leaves the customs union. Or it could be two or three years later if the proposed transitionary period is adopted. Nobody knows until it is settled at the Brexit talks. But the return of duty-free shopping on... Read more

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Malaysia's economy grew at faster pace of 5.8% in Q2KUALA LUMPUR: Malaysia's economy grew at a faster pace of 5.8% in the second qu

KUALA LUMPUR: Malaysia's economy grew at a faster pace of 5.8% in the second quarter ended June 2017, exceeding economists' forecast of a 5.4% expansion, underpinned by the services and manufacturing sectors.
The Statistics Department said on Friday... Read more

Most people in the North East say their elderly parents will have to look after themselves in old age.
Research by the comparison website uSwitch has revealed three-quarters of young people do not expect to help their parents financially as they... Read more

Lenovo has reported flat quarter-on-quarter revenue, but is content to have achieved that as it reflects stabilisation in its data centre and mobile businesses.
CEO and chairman Yuanqing Yang today declared himself broadly satisfied with a Q1 2018... Read more

TRUMP TROUBLE: More turmoil at the White House added to investor pessimism. President Donald Trump abandoned his plans to form an infrastructure advisory council, a day after the administration said would close down two other advisory councils made... Read more

TRUMP TROUBLE: More turmoil at the White House added to investor pessimism. President Donald Trump abandoned his plans to form an infrastructure advisory council, a day after the administration said would close down two other advisory councils made... Read more

Infosys has dipped 6% to Rs 958 on BSE in early morning trade after Vishal Sikka resigned as the Managing Director (MD) and Chief Executive Officer (CEO) of the company with immediate effect.
Infosys said the succession plan for appointment of a new... Read more

TRUMP TROUBLE: More turmoil at the White House added to investor pessimism. President Donald Trump abandoned his plans to form an infrastructure advisory council, a day after the administration said would close down two other advisory councils made... Read more

In a filing to BSE, the company said, “Sikka reiterated his belief in the great potential of Infosys, but cited among his reasons for leaving a continuous stream of distractions and disruptions over the recent months and quarters, increasingly... Read more

TRUMP TROUBLE: More turmoil at the White House added to investor pessimism. President Donald Trump abandoned his plans to form an infrastructure advisory council, a day after the administration said would close down two other advisory councils made... Read more

Without Donald Trump, Twitter Inc. could lose almost a fifth of its value.
That’s the conclusion of Monness Crespi Hardt & Co. analyst James Cakmak, who said that the social media company would see as much as $2 billion in market value wiped out if... Read more

TRUMP TROUBLE: More turmoil at the White House added to investor pessimism. President Donald Trump abandoned his plans to form an infrastructure advisory council, a day after the administration said would close down two other advisory councils made... Read more

Mumbai: Infosys Innovation Fund managing director Yusuf Bashir, who was leading the USD 500-million startup fund of software services for over two years, has resigned from the post, sources said.
Bashir had made 12 startup investments, catering to... Read more

Member of Parliament for Northland
18 AUGUST 2017 The government has been leaned on by giant multinational bully boys and buckled feebly, says New Zealand First Leader and Northland Member of... Read more

Ipswich ratepayers are paying council staff to answer the phones of other councils in a secretive $10 million-a-year commercial venture that generates millions of dollars in profits for the private lobby group that represents Queensland... Read more

HONG KONG (Reuters) - Yunfeng Financial Group (0376.HK), backed by Alibaba founder Jack Ma, said it would be the main investor in a $1.7 billion acquisition of U.S.-based insurer MassMutual International's Asia unit - a deal that sent Yunfeng's... Read more

TRUMP TROUBLE: More turmoil at the White House added to investor pessimism. President Donald Trump abandoned his plans to form an infrastructure advisory council, a day after the administration said would close down two other advisory councils made... Read more

(Reuters) - India's No. 2 IT Services company Infosys Ltd (INFY.NS) said Vishal Sikka had resigned as managing director and chief executive of the company with immediate effect, sending shares tumbling more than 7 percent in early trading on... Read more

BEIJING (Reuters) - Growth in new home prices slowed in China in July with Beijing prices down for a second straight month, reinforcing expectations of further slowing later this year.
Government restrictions to keep prices in check weighed on... Read more